Form 4: Alight Inc. Executive Felli Martin Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Alight Inc.'s Chief Legal Officer, Martin Felli, disposed of 22,294 shares of Class A Common Stock on March 10, 2024, to cover tax liabilities from vesting restricted stock units.
Summary
- On March 10, 2024, Martin Felli, Chief Legal Officer and Corporate Secretary of Alight, Inc., disposed of 22,294 shares of Class A Common Stock.
- The shares were sold at a price of $9.11 per share.
- This transaction was to cover tax liabilities incurred upon the vesting of previously reported restricted stock units.
- Following the transaction, Felli directly owns 130,076 shares, which includes restricted stock units scheduled to vest in the future.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 03/10/2024 | Date of stock disposal transaction |
| 03/12/2024 | Date of Form 4 filing |
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